HomeMy WebLinkAboutResolution No. 2026-39 | Appropriations Limit FY27 Resolution | Adopted 06/15/2026RESOLUTION NO. 2026-39
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GILROY ADOPTING THE CITY OF GILROY
APPROPRIATION LIMIT FOR FISCAL YEAR 2026-2027
WHEREAS, the voters of the State of California elected to add Article XIII.B. of the
California Constitution, known as the Gann Initiative and Proposition 4; and
WHEREAS, the State of California, Department of Finance, and the League of California
Cities have established uniform guidelines and have published appropriate percentages for
California per capita personal income and population changes for the implementation of the subject
limit.
NOW, THEREFORE, BE IT RESOLVED that the appropriation limit for the City of
Gilroy for Fiscal Year 2026-2027 is $276,003,898.
PASSED AND ADOPTED at a Regular Meeting of the City Council this 15th day of June
2026 by the following vote:
AYES: COUNCIL MEMBERS: BRACCO, CLINE, FUGAZZI,
MARQUES, RAMIREZ, BOZZO
NOES: COUNCIL MEMBERS: NONE
ABSTAIN: COUNCIL MEMBERS: NONE
ABSENT: COUNCIL MEMBERS: HILTON
APPROVED:
Greg Bozzo, Mayor
ATTEST:
_________________________
Kim Mancera, City Clerk
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Resolution No. 2026-39
Appropriations Limit FY27 Resolution
City Council Regular Meeting | June 15, 2026
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CERTIFICATE OF THE CLERK
I, KIM MANCERA, City Clerk of the City of Gilroy, do hereby certify that the attached
Resolution No. 2026-39 is an original resolution, or true and correct copy of a City Resolution, duly
adopted by the Council of the City of Gilroy at a Regular Meeting of said held on Council held Monday,
June 15, 2026, with a quorum present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of the City
of Gilroy this Wednesday, June 17, 2026.
____________________________________
Kim Mancera
City Clerk of the City of Gilroy
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EXHIBIT A
Fiscal Year 2025-26 Adopted Limit 263,486,711$
Population Factor (City Growth)0.9981
Inflation Factor (California per capita income)1.0495
Fiscal Year 2026-27 Limit 276,003,898$
CITY OF GILROY
DETERMINATION OF THE APPROPRIATIONS LIMIT
FY 2026-27
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AMOUNT
A. Proceeds of Taxes 57,350,622$
B. Exclusions (1,003,956)$
C. Appropriations Subject to Limitation 56,346,666$
D. Current Year Limit 276,003,898$
E. Over (Under) Limit (219,657,232)$
APPROPRIATIONS SUBJECT TO LIMITATION
CITY OF GILROY
FY 2026-27
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Tax Non-Tax
REVENUE Proceeds Proceeds Total
TAXES
Property taxes 23,468,943$ -$ 23,468,943$
Sales & Use Tax 20,600,000 - 20,600,000
Business Licence Tax 839,603 - 839,603
Utility Users Tax 8,537,286 - 8,537,286
Transient Occupancy Tax 2,362,665 - 2,362,665
Other Taxes 445,578 - 445,578
FROM STATE
Motor Vehicle in Lieu 106,096 - 106,096
Homeowners Relief 29,000 - 29,000
State Grants - 305,582 305,582
Federal 257,869 257,869
LOCALLY RAISED
Franchise Fees - 2,764,466 2,764,466
Fines, Forfeitures, Penalties - 177,474 177,474
USER FEES
(from Worksheet #1)(1,287,877) 8,817,765 7,529,888
OTHER MISCELLANEOUS
Transfers - 5,924,365 5,924,365
Miscellaneous - 2,420,519 2,420,519
SUB-TOTAL 55,101,294 20,668,040 75,769,334
INTEREST EARNINGS 922,827 392,322 1,315,149
(from Interests calculation)
TOTAL REVENUE 56,024,121$ 21,060,362$ 77,084,483$
RESERVE WITHDRAWALS 1,326,501 - 1,326,501
(including appropriated fund balance)
Total of these Funds 57,350,622$ 21,060,362$ 78,410,984$
CALCULATION OF PROCEEDS FROM TAXES
CITY OF GILROY
FY 2026-27
GENERAL FUND BUDGET
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A. NON-INTEREST TAX PROCEEDS 55,101,294$
B. MINUS EXCLUSIONS (1,003,956)$
C. NET INVESTED TAXES 54,097,338$
D. TOTAL NON-INTEREST PROCEEDS 77,095,835$
Revenue plus Reserve
Withdrawals
E. TAX PROCEEDS AS
PERCENT OF BUDGET 0.70169
F. INTEREST EARNINGS 1,315,149$
G. AMOUNT OF INTEREST
EARNED FROM TAXES 922,827$
H. AMOUNT OF INTEREST 392,322$
EARNED FROM NON-TAXES
INTEREST EARNINGS PRODUCED BY TAXES
CITY OF GILROY
FY 2026-27
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USER FEES
Over(Under)
DIVISION ORG DIVISION NAME USER FEES COSTS COSTS
1004020 Planning 675,000$ 1,634,337$ (959,337)$
1004030 Building 2,998,588 1,826,633 1,171,955
1004035 Code Enforcement 1,250 1,019,200 (1,017,950)
1004040 Fire Prevention - Haz Mat 810,000 553,016 256,984
1005530 Engineering 2,758,650 3,260,212 (501,562)
1005540 Environmental 286,400 524,367 (237,967)
Totals 7,529,888$ 8,817,765$ (1,287,877)$
USER FEES VERSUS COSTS
CITY OF GILROY
FY 2026-27
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